Pace E-Commerce IPO description – The company started in August 2015 as a business that would give the kids/young consumers and sports enthusiasts in India access to International Football Clubs Merchandise and International Sports Brands apparels and Sports Goods. It started with imports and distribution of branded international sports apparels and extended to various branded merchandise and accessories. Thereafter, the company acquired manufacturing and distribution licenses of some of the popular and biggest brands in the Kids Entertainment Industry.
Thereafter, the company established its own e-commerce portal, www.cotandcandy.com offering a large range of products across different categories. It also started catering to number of requests for on demand printing and manufacturing of products for both B2C and B2B Customers. Later, the portal expanded product categories to kids sports, kids fashion, kids furniture and home textiles. It currently has exclusive manufacturing and distribution rights for world renowned kids character entertainment brands and products in its portfolio. Besides these, it has also developed good collection of Home Textiles and gifting products under its own private labels.
In this journey, the company has gradually transformed from an importer, licensee and distributor to an online digital retailer and providing an online platform to manufacturing company for unique and personalized products. At present, company operates across all cities in India through the online channels and most major cities through offline distribution of products.
Promoters of Pace E-Commerce – Mr Shaival Dharmendra Gandhi
Pace E-Commerce IPO Details
| Pace E-Commerce IPO Dates | 29 September – 13 October 2022 (Issue extended) |
| Pace E-Commerce IPO Price | INR 103 per share |
| Fresh issue | 4,000,000 shares (INR 41.2 crore) |
| Offer For Sale | 2,459,600 shares (INR 25.33 crore) |
| Total IPO size | 6,459,600 shares (INR 66.53 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 123,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Pace E-Commerce Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 149.13 | 170.14 | 1,049.58 |
| Expenses | 149.99 | 162.18 | 980.68 |
| Net income | 0.34 | 7.18 | 54.12 |
Pace E-Commerce Offer News
Pace E-Commerce Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 3.44 | 0.29 | 0.30 |
| PE ratio | – | – | 343.33 |
| RONW (%) | 4.74 | 0.28 | 2.04 |
| NAV | – | – | 14.46 |
| ROE (%) | 34.35 | 0.39 | 2.95 |
Pace E-Commerce IPO GMP Daily Trend
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 1 Oct 2022 | – | – | – |
| 30 Sep 2022 | – | – | – |
| 29 Sep 2022 | – | 1,000 | – |
Pace E-Commerce Offer Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 3,063,600 | 3,063,600 | 6,127,200 |
| Day 1 | 0.00 | 0.01 | 0.00 |
| Day 2 | 0.02 | 0.02 | 0.02 |
| Day 3 | 0.51 | 0.10 | 0.31 |
| Day 4 | 0.91 | 0.30 | 0.61 |
| Day 5 | 0.92 | 0.33 | 0.63 |
| Day 6 | 0.97 | 0.37 | 0.67 |
| Day 7 | 0.99 | 0.45 | 0.72 |
| Day 8 | 0.99 | 0.46 | 0.72 |
| Day 9 | 0.99 | 0.47 | 0.73 |
| Day 10 | 1.72 | 0.55 | 1.14 |
Pace E-Commerce Offer Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
612, 6th Floor, Shree Balaji Heights,
Kokilaben Vyas Marg, Ellisbridge,
Ahmedabad – 380 009, Gujarat
Phone:+91-9898055647
Email:Â [email protected]
Website: www.ifinservices.in
Pace E-Commerce Ventures IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Mahakali Caves Road,
Andheri (East), Mumbai – 400 093
Phone: +91 22 6263 8200
E-mail:Â [email protected]
Website:Â www.bigshareonline.com
Pace E-Commerce Ventures Contact Details
PACE E-COMMERCE VENTURES LIMITED
Office no.423, 4th Floor,
C Block, Sumel -11,Opp. Namaste Circle,
Shahibaug, Ahmedabad- 380004, Gujarat
Phone: +91 85309 99431
E-mail: [email protected]
Website: www.cotandcandy.com
Pace E-Commerce IPO Allotment Status
Pace E-Commerce IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.
Pace E-Commerce IPO Dates & Listing Performance
| Pace E-Commerce IPO Opening Date | 29 September 2022 |
| Pace E-Commerce IPO Closing Date | 13 October 2022 |
| Pace E-Commerce IPO Listing Date | 20 October 2022 |
| Opening Price on BSE SME | INR 104.5 per share (up 1.46%) |
| Closing Price on BSE SME | INR 109.7 per share (up 6.50%) |
Pace E-Commerce IPO FAQs
What is Pace E-Commerce offer size?
Pace E-Commerce offer size is INR 66.53 crore.
What is Pace E-Commerce IPO Price Band?
Pace E-Commerce public offer price is INR 103 per share.
What is the lot size of Pace E-Commerce IPO?
Pace E-Commerce offer lot size is 1,200 shares.
What is Pace E-Commerce IPO GMP today?
Pace E-Commerce IPO GMP today is INR NA per share.
What is Pace E-Commerce kostak rate today?
Pace E-Commerce kostak rate today is INR NA per application.
What is Pace E-Commerce Subject to Sauda rate today?
Pace E-Commerce Subject to Sauda rate today is INR NA per application.
